Under "normal" circumstances, I would agree with you, but PLL is managing their cash like a rock star and a drunken sailor went out for a night on the town in Bangkok.
An asset is only worth as much as you can get for it, and right now, it would be FAR less than $75M. Add-in the perceived weak balance sheet position of PLL, and it's even less.
BTW, even at $75M, it would be small, by Tesla's standards, though I doubt they would more than half the sum you've cited.
Just an opinion. You're entitled to differ.
Under "normal" circumstances, I would agree with you, but PLL is...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $128.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 526 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 50000 | 1 |
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| Last trade - 09.45am 16/06/2025 (20 minute delay) ? |
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